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Jan 12, 2018 In fact, a new research shows that the mining of bitcoin consumes so much more electricity than all the electric cars in the world combined. Now that is unbelievably Well, judging by the current price of bitcoin amidst its lackluster performance, mining a single bitcoin is still very profitable. Even though the 

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Nov 24, 2017 This raises questions that shouldn't just be aimed at bitcoin mining, or even electric vehicles. For those unfamiliar Any source of electricity you don't have to pay the normal rate for, or that you don't have to pay for at all, is an opportunity for miners to increase their already thin profits. Teslas and other EVs